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News

In the Globe and Mail: "Companies Diverge on Diversity Disclosures, With No Fix in Sight"

As institutional investors increasingly seek greater transparency and robust commitments to diversity at both the board and executive levels, Canadian companies may fall behind in attracting global capital.

“Oftentimes, I will get questions from senior executives or directors with respect to ‘How do I report this? Which categories do I use?' and my answer is ‘Well, that depends,' " Kelly Gorman, EVP of Governance Advisory at Kingsdale Advisors, shared at a roundtable hosted by the Ontario Securities Commission and was quoted in The Globe and Mail. "For securities regulators, it's time to step in and create a definition that at least is the floor and is comparable disclosure for all investors. Institutional investors today are using this information to make decisions that will have significant consequences to individual directors and have the ability to change the whole composition of governance for that company."

Read more about it here.

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Latest Insights

Publication

2022 AGM Checklist

The 10 key questions every Canadian company and board needs to critically consider ahead of their 2022 annual general meeting.

2022
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News
1.25.2022

Shareholder Activism Surges Amid Falling Valuations, Universal Proxy Ballots

The new rules from the SEC have strengthened the hand of activists. Michael Fein, US President at Kingsdale Advisors, shares his expertise with Dealreporter on what companies should consider.

2022
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News
1.20.2022

Activism Returns Post-Pandemic, Universal Proxy Cards to Drive Activity-34th Annual Roth Conference

Michael Fein, US President at Kingsdale Advisors, shares on a panel that no company is “immune”, as activist funds are seeing increased success in getting their agendas enacted.

2022
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When The Stakes Are Highest, Business Leaders Choose Kingsdale